Are Indian co's committed to best global practices today??

Indian Standard Norms & Practices to run the Companies either Corporates or NonCorporates are trying to be more committed to best global practices today for many reasons : !. Globalization ! Empowerment ! Utilizing Infrastructure fully Capital, Land, Labor and Resources.... The only things which are hindrance the global practices is the Government Systems are not upto the mark and the unworthiness of Professionalism is still lacking, fill up the gaps have to be done on micro level....

Indians generally want to follow rules regulations business ethics etc.

It is but inevitable for Indian companies to commit itself to best practices if it needs to survive in the market..But scams like these leave a huge question mark sometimes on what sort of best practices we are committed to..is it best practices in money laundering or govt. lobbying...yeh G woh G lo G 2G 3G, main hu rajaji karta hu main jo woh tum bhi karo ji..1 2 ka 4 4 2 ka 1..mera naam hain RajaN...Radiyon ki sajan...mera naam hain RAJAn...what else can you expect from such shameless people who convert our worst practices into their best practices...As long as these weeds are not rooted out of our garden, how much ever best practices we implement will be nullified by these 'best practitioners'...

Indian companies are striving to inculcate good global practices, but a lot of practices still need to be improved further.

Thanks for the referral, Puja....

Yes Puja corporate governance is being done and was always there in all mnc's right from the day one including serious insider's and external audit and both should match. 

The Indian companies, after the satyam case has come out of sleep and trying to tie all the loose ends for good corporate governance.